Market Pulse
Wetherspoon sales up, sees UK prospects improving after Brexit
Pub operator JD Wetherspoon reported a rise in sales and said it expects to see an improvement in the UK’s prospects following the vote to leave the European Union.
ICAP 'resilient' in face of tough Brexit outlook
Markets operator and provider of post-trade mitigation and information services ICAP posted a trading statement for the three months to 30 June on Wednesday morning, ahead of its annual general meeting later in the day.
London pre-open: Stocks seen lower as focus turns to May
London stocks were expected to open lower on Wednesday despite positive Asian and US sessions, as Theresa May was set to become Prime Minister.
AstraZeneca reaches settlement with Sandoz over fulvestrant
Pharmaceutical giant AstraZeneca announced on Wednesday that it has entered into an agreement with Sandoz and its affiliates to resolve litigation relating to Faslodex (fulvestrant).
Wednesday newspaper round-up: BoE bullying, pensions liabilities, Poudland, Rolls
Mark Carney may have bounced the Bank of England into an unnecessary interest rate cut by calling for stimulus only days after the Brexit result, leading economists have warned in a fierce attack on the governor. Former Bank policymakers and other senior economists said that Mr Carney’s personal assertion on June 30 that “policy easing will likely be required over the summer” had put his colleagues on the monetary policy committee in an impossible position, given the uncertainty since the referendum.